Business

New Delhi: Sustaining growth will require a deeper commitment from all economic stakeholders as newer uncertainties mostly driven by global factors have emerged, a finance ministry report said Thursday. India recorded a moderation in GDP growth to 5.4 per cent for the second quarter ended...

Mumbai: The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released Thursday. The Reserve Bank of India...

Mumbai: Benchmark indices Sensex and Nifty ended flat in listless trading on Thursday amid a lack of near-term triggers and unabated foreign fund outflows. The 30-share BSE benchmark Sensex dipped 0.39 points to settle at 78,472.48 in a muted trade. During the morning trade, it...

Bhubaneswar: The Centre released around Rs 455 crore for Odisha as Fifteenth Finance Commission (XVFC) grants for FY2024–25, Wednesday. “Of the Rs 455 crore, Rs 370.20 crore is towards the second instalment and Rs 84.50 crore the first instalment of Untied Grants for FY2024–25 meant...

Bhubaneswar: State-owned Indian Oil Corporation Ltd (IOCL) will invest Rs 61,000 crore to set up a naphtha cracker project at Paradip in Odisha, a statement said Tuesday. A Memorandum of Understanding (MoU) for this will be signed between the Odisha government and the IOCL in...

Mumbai: The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released Tuesday. An article on the 'State of...

Washington: The Federal Aviation Administration has ordered all American Airlines flights grounded in the US after the carrier reported a technical issue affecting its entire system with millions travelling for the holiday. In social media replies to frustrated travellers, the airline said: “Our team is...

Mumbai: Benchmark equity indices Sensex and Nifty ended on a flat note in a volatile trade Tuesday, as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows. After gyrating between highs and lows, the 30-share index declined 67.30 points...

New Delhi: In a significant year for the Indian startup ecosystem, 13 new-age companies launched their initial public offerings (IPOs), as startups cumulatively raised more than Rs 29,200 crore from the stock market. When it comes to IPOs, the figure stood at 10 in 2021,...

New Delhi: Prime Minister Narendra Modi is meeting eminent economists and sectoral experts to elicit their views and suggestions for the upcoming Budget. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025. Sitharaman,...